Headquarters
Nairobi, Kenya
info@kenfasp2p.com
Nairobi, Kenya
info@kenfasp2p.com
October 15, 2025 — Nairobi, Kenya The global fintech community is mourning the untimely death of Doug Lebda, the founder, chairman, and chief executive officer of LendingTree, who passed away in an ATV accident on Sunday, October 12, in North Carolina, USA. According to international media reports, Lebda, aged 55, was found deceased following an […]
In a decisive move to clamp down on tax fraud, the Kenya Revenue Authority (KRA) has suspended the online registration of Value Added Tax (VAT) effective immediately. The tax agency announced the suspension on Monday, citing rising cases of fraudulent VAT claims and abuse of the digital registration platform. According to KRA, the decision follows […]
Everybody loves a cheaper loan. But have you ever wondered what determines the rate of interest on personal loans? There are no fixed interest rates for unsecured loans. The rates differ according to the borrower’s ability to repay and his credit profile. Risk profiling is the most important aspect of peer-to-peer (P2P) lending. A borrower […]
The Central Bank of Kenya (CBK) has licensed 27 extra Digital Credit Providers (DCPs) as of October 2024. This move increases the total number of licensed DCPs to 85. Since the CBK began regulating the sector in 2022, it has received over 730 applications, with many still under review due to pending documentation from applicants. […]
Kenfasp2p spoke to James Ginn– head of strategic partnerships development at MarketFinance – to explore trends in the LendTech sector and how the industry is helping SME loans in Kenya. According to Ginn, 2025 will be the year of embedded finance, claiming ‘every company is going to be a FinTech company, and this will be […]
Women borrowers are financially more disciplined than their male counterparts and have been able to take loans even during the pandemic, TransUnion CIBIL said in a report. The 90-days-past-due consumer-level delinquency rate – a measure of loan repayment delays – for women borrowers stood at 5.2 percent across retail credit products compared with 6.9 percent […]